Digital Brands Group (DBGI) Stock Price, News & Analysis

Company Overview

Digital Brands Group, Inc. engages in the provision of apparel products under various brands on direct-to-consumer and wholesale basis. It operates through DSTLD, Bailey, H&J, Stateside, and Sundry segments. The company designs, manufactures, and sells women's apparel, such as tops, sweaters, dresses, jumpsuits, bottoms, sets, jackets, rompers, suiting, sportswear, shirts, jackets, pants, shorts, polos, T-shirts, skirts, athleisure bottoms, denims, and other accessory products, as well as suiting for men. It sells its products under the Bailey 44, Harper & Jones, Stateside, Sunnyside, DSTLD, Sundry, and ACE Studios brand names. The company sells directly to the consumer through its websites, as well as through its wholesale channel in specialty stores, select department stores, and own showrooms. Digital Brands Group, Inc. was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was incorporated in 2012 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $0.12 to $0.15
• 50-Day Range: $0.10 to $0.93
• 52-Week Range: $0.09 to $12.80
• Volume: 35.88 million shs
• Average Volume: 4.29 million shs
• Market Capitalization: $1.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Digital Brands Group Stock Analysis - MarketRank™

Digital Brands Group scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Digital Brands Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Digital Brands Group is -0.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Digital Brands Group is -0.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Digital Brands Group has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.84% of the float of Digital Brands Group has been sold short.

Short Interest Ratio / Days to Cover

Digital Brands Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Digital Brands Group has recently increased by 82.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Digital Brands Group does not currently pay a dividend.

Dividend Growth

Digital Brands Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.84% of the float of Digital Brands Group has been sold short.

Short Interest Ratio / Days to Cover

Digital Brands Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Digital Brands Group has recently increased by 82.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

Digital Brands Group has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Digital Brands Group this week, compared to 1 article on an average week.

Search Interest

3 people have searched for DBGI on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Digital Brands Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.01% of the stock of Digital Brands Group is held by insiders.

Percentage Held by Institutions

Only 1.56% of the stock of Digital Brands Group is held by institutions.

DBGI Stock Analysis - Frequently Asked Questions

How have DBGI shares performed this year?

Digital Brands Group's stock was trading at $3.27 at the beginning of 2024. Since then, DBGI shares have decreased by 95.9% and is now trading at $0.1357.
View the best growth stocks for 2024 here.

How were Digital Brands Group's earnings last quarter?

Digital Brands Group, Inc. (NASDAQ:DBGI) issued its quarterly earnings results on Monday, August, 19th. The company reported ($2.08) EPS for the quarter. The business had revenue of $3.40 million for the quarter. Digital Brands Group had a negative trailing twelve-month return on equity of 327.13% and a negative net margin of 102.54%.

When did Digital Brands Group's stock split?

Digital Brands Group shares reverse split on the morning of Tuesday, August 22nd 2023. The 1-25 reverse split was announced on Tuesday, August 22nd 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, August 22nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

When did Digital Brands Group IPO?

Digital Brands Group (DBGI) raised $10 million in an IPO on Friday, May 14th 2021. The company issued 2,400,000 shares at $4.15 per share. Kingswood Capital Markets (a division of Benchmark Investments) acted as the underwriter for the IPO.

How do I buy shares of Digital Brands Group?

Shares of DBGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Digital Brands Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Digital Brands Group investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Inuvo (INUV) and Bakkt (BKKT).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Apparel & accessory stores
• Sub-Industry: Retail
• Current Symbol: NASDAQ:DBGI
• CUSIP: N/A
• CIK: 1668010
• Web: www.digitalbrandsgroup.co
• Phone: 209-651-0172
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($25.85)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-10,250,000.00
• Net Margins: -102.54%
• Pretax Margin: -98.43%
• Return on Equity: -327.13%
• Return on Assets: -39.85%

Debt

• Debt-to-Equity Ratio: 0.05
• Current Ratio: 0.31
• Quick Ratio: 0.07

Sales & Book Value

• Annual Sales: $14.92 million
• Price / Sales: 0.09
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.44 per share
• Price / Book: 0.10

Miscellaneous

• Outstanding Shares: 9,420,000
• Free Float: 9,415,000
• Market Cap: $1.36 million
• Optionable: Not Optionable
• Beta: 1.14